Google Shuts Urchin, Other Services
socalTECH
JANUARY 20, 2012
Internet giant Google said Friday that it will be shutting down web analytics service Urchin , the onetime San Diego startup which had been acquired by Google in April of 2005.
Google Follows MP3tunes With Music Locker Service
socalTECH
MAY 10, 2011
Mountain View-based Google has followed the lead of San Diego-based MP3tunes , and debuted its own "music locker" service today at its Google I/O developer conference. The service is a direct competitor to MP3tunes, which offers its own, streaming "music locker" service. com--has been around since 2005. READ MORE>>.
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Stickam Shuts Down
socalTECH
JANUARY 31, 2013
Stickam , the live video streaming service, announced on its web site Thursday that it would be shutting down its services, effective 11:59PM PST. Stickam had been founded in 2005. Reason for the shutdown was not disclosed. Last August, the company had announced a VIP membership program, which charged users $39.99
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Virgin Galactic Has First Rocket-Powered Flight Test
socalTECH
APRIL 29, 2013
Mojave-based commercial spaceflight firm Virgin Galactic has completed the first, rock-powered flight of its SpaceShipTwo space vehicle, the company said this morning--which the company says is the "final phase" of vehicle testing before it launches its commercial service. virgin Galactic said that the test began a 7:02 a.m., READ MORE>>.
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MindTouch Picks Up $12M For Customer Self Service Software
socalTECH
JANUARY 14, 2016
San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE.
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Understanding Changes in the Software & Venture Capital Industries
Both Sides of the Table
JUNE 28, 2011
These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. True that Salesforce.com in particular has made interesting moves toward open-cloud services by purchasing Heroku and also launching Database.com. The Emergence of “Open Cloud&# Infrastructure.
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Announcing a Deal I’ve Wanted to Talk About for a Year
Both Sides of the Table
FEBRUARY 7, 2013
I first met Ethan in 2005. He had an idea for a startup that would help consumers better book service jobs and would take on Service Magic, which he believed had a business model that could be disrupted. I was preparing to move back to the US from London after 11 years abroad. The company was called Red Beacon.
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359 MP3tunes Gets Win Over EMI
socalTECH
AUGUST 23, 2011
San Diego-based MP3tunes , the cloud music storage service run by Michael Robertson, has scored a win over EMI, according to Robertson. MP3tunes offers up an online service where users could upload their own, personal MP3 files, and then stream those files to their PC, smartphone, and other devices. Robertson launched MP3tunes in 2005.
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TeleSign Gets Patent
socalTECH
JUNE 22, 2011
Los Angeles-based TeleSign , the provider of phone-based authentication and verification services which is headed by former FrontBridge and Vantage Media CEO Steve Jillings, said today that it has scored a U.S. The patent was originally filed in October of 2005. According to the firm, it was awarded U.S. READ MORE>>.
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FamilyFinds Buys Chicago Daily Deals Site
socalTECH
JANUARY 5, 2011
FamilyFinds.com is focusing in on deals on services and experiences for families, and is the latest venture for Matt Coffin, who sold his last firm, LowerMyBills.com, to Experian back in 2005 for over $330M. The firm faces formidable competition in Chicago, which is the home of daily deals phenomenon Groupon.
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174 Yahoo Axes Upcoming.org
socalTECH
APRIL 22, 2013
Upcoming.org , an online service which was started in Los Angeles, and acquired by Yahoo in 2005, is shutting down, according to Yahoo in an announcement over the weekend. Deals, SMS alerts, Yahoo Kids, and more.
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133 Local.com Names New COO
socalTECH
MAY 12, 2011
Sawtell was SVP and GM of the firm's Sales and Advertiser Services business unit, and also has been President and COO from 2000 to 2005. Sawtell replaces Bruce Crair, who the firm said is leaving the firm to pursue other opportunities. Sawtell recently re-joined Local.com after serving as founder and CEO of DigitalPost Interactive.
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150 ValueClick Sells Web Clients Business
socalTECH
FEBRUARY 1, 2010
ValueClick said the move is part of a strategy to grow its core online marketing services and technology. ValueClick acquired its Web Clients business in 2005 for approximately $141M. According to the firm, the deal was worth $45M, in the form of a five year note with an interest rate of five percent. READ MORE>>.
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FamilyFinds Launches DailyFinds Email
socalTECH
APRIL 30, 2012
Los Angeles-based FamilyFinds , the daily deal service headed by Matt Coffin, the founder of LowerMyBills.com, looks to running another experiment with the service this week, telling subscribers that it is launching a new product called DailyFinds. READ MORE>>.
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News Corp. In Repeat With Sale To Local Tech Firm
socalTECH
FEBRUARY 4, 2013
acquired IGN in September of 2005, for $650M. Those numbers--and the story--seems to be almost an exact repeat of the story behind MySpace , which--also in 2005, in July--was acquired by News Corp. That deals loooks to be worth around $100M, based on reports from the WSJ. in a $580M deal.
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Microsoft Buys Telesign Competitor
socalTECH
OCTOBER 4, 2012
PhoneFactor provides similar services to TeleSign, using phone calls, texts, and other means of authenticating users, as a way of better securing logins into enterprise applications and other services. Jillings sold one of his last companies, FrontBridge, to Microsoft back in 2005. READ MORE>>.
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140 Cheers Looks to Spread Love Around the World
socalTECH
FEBRUARY 9, 2012
According to Cheers, the service allows anyone to snap a picture, add some workd, and share appreciation for anything to anyone. Mohit sold Shopzilla in 2005 for $569M. Mohit has launched Cheers , an iPhone and iPad app which the firm says helps "people express love and appreciation" for anything. Cheers is based in Los Angeles.
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Why A Cellular Carrier Did Not Buy Skype - Watching A Big Dumb Company Fail In Real Time
InfoChachkie
MAY 30, 2011
billion caused me to recall an awkward meeting I had in 2005 with a particularly clueless group of cellular executives. Cool stuff for circa 2005, unless you were an idiot working for a cellular carrier. Nearly seven years later, this cellular carrier has still not incorporated IP telephony into their services. Ha, ha, ha.
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Morph Labs Takes On Private Clouds
socalTECH
DECEMBER 2, 2009
Morph said its service will start at $800 per month for a minimum of three months, with a free, trial version with limited virtual machine support also available to trail the service. Damarillo founded GlueCode Software, which he sold to IBM in 2005. READ MORE>>.
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HireRight Acquires UK Firm
socalTECH
JUNE 23, 2010
Irvine-based HireRight , a provider of on-demand employment screening and drug screening services, announced today that it has acquired Powerchex Limited , a pre-employment screening firm based in the United Kingdom. Powerchex provides pre-empoyment screening to companies in the UK, and was founded in 2005.
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This Week in VC with Mo Koyfman of Spark Capital
Both Sides of the Table
JUNE 12, 2010
Spark Capital is relatively new to VC (founded in 2005) yet has become one of the hottest new VCs having invested in Twitter, Tumblr, AdMeld, Boxee, KickApps and many more companies. How could it be when they always have “schlocky” ads or PSAs (public service announcements). Online text book rental service.
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Interview with Steve Jillings, TeleSign
socalTECH
FEBRUARY 21, 2012
Steve Jillings has a long track record of running successful startups in Southern California, ranging from such companies as FrontBridge Technologies (sold to Microsoft in 2005 for over $200M) and Vantage Media (acquired in 2007). Telesign provides authentication services for the largest web companies in the world.
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238 FastSpring Gets Funding From Pylon
socalTECH
APRIL 22, 2013
FastSpring , the fast growing Santa Barbara-based e-commerce payment services provider headed by Dan Engel, said today it has scored a funding round from Pylon Capital, a Los Angeles-based investment firm. The investment is the first, outside investment in the company since it was founded in 2005.
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153 How to Avoid a Common Product Mistake Many Teams Make
Both Sides of the Table
OCTOBER 14, 2013
It was hard to imagine customer service reps who had learned every keystroke short-cut by heart on a green screen and weren’t eager to embrace the obvious future. We built our product at Koral in 2005 with this design philosophy in mind. What you assumed was “novice functionality” will likely be too hard.
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Why “The Culture of Failure” is Imperative to Startup Communities
Both Sides of the Table
NOVEMBER 4, 2012
I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London. I think the fact that NorCal didn’t have strong industries in financial services, manufacturing, autos, marketing or other traditional industries also made experimentation more acceptable. I remember this lesson well.
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WebVisible Acquires Adapt Technologies
socalTECH
NOVEMBER 20, 2008
WebVisible is a provider of local online advertising services, which helps small and midsize businesses place search engine marketing. Financial terms of the acquisition were not disclosed. Adapt Technologies was venture backed by Concept2company, Emergence Capital Partners, and Mohr, Davidow Ventures; the firm had raised $9.8M
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Beware of Ballers on a Budget
Both Sides of the Table
FEBRUARY 9, 2013
I was sitting with the financing guy who was trying to upsell me everything from pre-paying service to prepaying dent repair coverage, etc. I still drive the same car I bought for cash in 2005. . “Invoice price” is an equally meaningless marketing tool. But I digress. Why so many on leases?
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398 American Industrial Systems Sells Majority Stake To Foxconn
socalTECH
JULY 5, 2016
Irvine-based American Industrial Systems , a provider of engineering services and products for the Interet-of-Things, oil and gas, industrial automation, and other markets, has sold a 60 percent stake of the company to Ennoconn. AIS was founded in 2005. Financial terms of the sale were not announced.
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ReachLocal Hits $147M In Revenues
socalTECH
AUGUST 13, 2009
500 listing was that Woodland Hills-based ReachLocal , a venture backed provider of local online marketing services, hit $147M in revenues in 2008, up significantly from $4.4M in revenues of 2005. One of the revelations in yesterday's Inc. The revelation is the first public disclosure how much the firm's business has grown recently.
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How Frequency Wants To Bring You Internet Video, with Blair Harrison
socalTECH
JANUARY 4, 2013
Just before the holidays, we caught up with Blair Harrison , founder of Frequency (www.frequency.com), a personal video service which lets consumers watch video from the Internet on any of their devices. Blair Harrison: Frequency is an Internet video service. What is Frequency? How did you get from iFilm to Frequency?
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Oversee Resolves SnapNames Lawsuits
socalTECH
OCTOBER 26, 2010
Los Angeles-based Oversee.net , the operator of Internet marketing and domain monetization services, said today with subsidiary SnapNames that they have resolved two lawsuits filed as a result of a former employee's improper bidding activity. Brady--until the scandal--was VP of Engineering at SnapNames. READ MORE>>.
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169 Verifi Acquired By Visa
socalTECH
JULY 1, 2019
Visa said it will integrate Verifi's chargeback tools with its own risk management services, including its service delivered by CardinalCommerce and CyberSource. Verifi had been led by CEO Matthew Katz, and was founded in 2005. Verifi develops dispute resolution tools used to help buyers and sellers resolve disputes.
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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)
Both Sides of the Table
APRIL 5, 2010
In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side. By 2005 I had moved back to the US and we started hiring US employees (The first two employees we hired had both grown up in India! I hope that didn’t have a stature of limitation!
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Connexity, Headed By Dave Gross, Finds $3M More
socalTECH
AUGUST 2, 2012
The company uses advertising to recommend products and services to users, based on individual interests and what it is calling "audience graph analysis." Gross is a serial entrepreneur, having successfully founded online advertising firm Fastclick, which he took IPO in 2005, and later sold to ValueClick for over $200M. READ MORE>>.
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124 Protect Your Parents from Avis Budget: Direct Marketing Scumbags
Both Sides of the Table
DECEMBER 20, 2009
Or again here in Consumer Affairs dating back to 2005. At the time I felt that somehow somebody from this organization must have taken advantage of my dad but I had no proof so I just worked with my mom to help him cancel the service and chalked it up to a nasty lesson. Background. I was home visiting my father in Sacramento.
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Oversee's SnapNames Hit By Domain Bid Scandal
socalTECH
NOVEMBER 4, 2009
According to SnapNames, it discovered the shill bidding by that employee in October, finding that the bids had gone on since March of 2005--well before Oversee.net bought SnapNames, in June of 2007. SnapNames operates an online service which allows users to bid on an auction of expiring and deleting names at domain name registrars.
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133 Morphlabs Raises $5.5M
socalTECH
JULY 14, 2010
Damarillo is best known for founding Gluecode, which he sold to IBM in 2005, and has since been starting up firms whose basis is open source software.
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124 Frequency Inks Video News Deal With Newsy
socalTECH
FEBRUARY 10, 2016
Los Angeles-based video streaming app and video distribution service Frequency , which is led by Blair Harrison, said today that it has inked a video news deal with millenial-focused video news service Newsy. Harrison previously founded FasTV, and headed up iFILM, which he sold to Viacom back in 2005. READ MORE>>.
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100 ElephantDrive Targets Xdrive Users
socalTECH
DECEMBER 4, 2008
Los Angeles-based ElephantDrive is targeting users of AOL's Xdrive service, the online data storage service that AOL said it is closing in January. ElephantDrive provides an online data backup and storage service which users can to subscribe to for $9.95 READ MORE>>
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100 SOA Software Becomes Akana
socalTECH
MARCH 10, 2015
According the company, which is led by Paul Gigg, the name change comes as the company has expanded beyond its roots in Service Oriented Architecture (SOA) and Web Services, and now addresses API management, cloud integration, DevOps, and other enterprise software areas. READ MORE>>. devops rename cloud enterprise software akana'
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100 Why Email May Be Draining Your Company’s Productivity
Both Sides of the Table
SEPTEMBER 28, 2011
He turned me down for a job in 2005. But it’s mostly customer service. But what kind of business person would I be if I allocated 100% of my time to customer service and zero to marketing? I am looking at a company that provides a service supporting node.js Yesterday I offered him a term sheet. I get tons of.
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Verizon Digital Media Acquires Volicon
socalTECH
MARCH 16, 2016
Los Angeles-based content delivery network provider Verizon Digital Media Services --which is better known to locals as the former operations of EdgeCast--said it has agreed to acquire Volicon , a provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters. READ MORE>>.
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Hulu Goes Bollywood
socalTECH
MAY 7, 2009
Online video service Hulu has started carrying Bollywood movies, and has signed digital distributor Saavn to show a number of Bollywood films from India. According to Saavn, it will offer five titles from India, including "Sarkar", a 2005 version of "The Godfather." Financial terms of the distribution deal were not disclosed.
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Interview: Paige Craig, CEO BetterWorks
InfoChachkie
JULY 21, 2011
When you are a bigger company, they are not as cost sensitive…and (they) want to provide a ton of services. 4) What lessons from launching the Lincoln Group in Baghdad in 2005 are transferable to today’s LA startup scene? How extensible do you see BetterWorks’ business model with later stage companies, where dental plans do matter? “We
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